"The Feds consider hacking Nasdaq OMX the equivalent of messing with utilities or other key infrastructure. "
Which I presume, if Lieberman's bill gets passed, this type of scenario would fall under the reach of POTUS?
I wonder if this 'breach' was discovered by the same intelligence agency that were privy to WMD's in Iraq? That we had to war over?
(Of course, if such a crash happened due to hackers or market conditions, the Nasdaq would shut itself down anyway, no?)
In either case, I would imagine the Nasdaq or NYSE having to shut down for 1 or more trading days due to a breach, while they secure their systems / verify algorithm integrity, global trading confidence would be shaken and the U.S. as well as the other major trading markets around the world would feel the sting.
Makes me further question how smart the consumerization of IT is that a vast majority thinks is such a good idea.
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